Youlife Group Enters Into Non-Binding LOI To Acquire Four Regional Human Resources Service Companies Through Proposed Pure-Equity Transaction

Youlife Group Inc. ("Youlife" or the "Company") (NASDAQ:YOUL), a leading blue-collar lifetime service provider in China, today announced that it has entered into a non-binding letter of intent (the "LOI"), expressing its intention to acquire four regional human resources service companies (the "Target Companies") through a proposed pure-equity transaction. The LOI represents a major step in the Youlife's evolution from pure organic growth to a dual-engine strategy combining organic expansion and strategic M&A.

Under the non-binding LOI, Youlife and the sellers intend to undertake an internal restructuring to consolidate the Target Companies under an offshore holding structure. Upon completion of this restructuring, Youlife may consider acquiring the holding entity through an equity-based transaction involving newly issued shares of Youlife, subject to further evaluation, due diligence, valuation, and negotiation and execution of definitive agreements.